Answer: $92,880
Explanation:
The Gross Profit can be calculated by simply removing the cost from the sales amount.
It is stated that the additional processing will yield 10,000 bags of Premium Green and 3,600 bags of Green Deluxe, which can be sold for $7.55 and $5.55 per bag.
Sales figure is therefore,
= (10,000 * 7.55) + (3,600 * 5.55)
= 75,500 + 19,980
= $95,480
Subtracting the cost to get,
= 95,480 - 2,600
= $92,880
The total gross profit would is $92,880.
Answer:
the current yield is 7.49%
Explanation:
The computation of the current yield on the bond is shown below:
The current yield is
= Annual coupon payments ÷ Bond price
= ($1,000 ×6.5) ÷ $867.25
= $65 ÷ $867.25
Hence, the current yield is 7.49%
First find 1/8. 48/8 is 6. Then multiply by 3 since there are 3/8. 3x6 is 18. 18 cards.
Hope this helps!
Answer: False
Explanation: Static budget refers to that budget which is made for the upcoming period. A static budget incorporates anticipated values of inputs and outputs in it. It does sometimes assumes extreme business environment conditions.
Therefore, it is not feasible to compare the actual budget with the static plan as there is a high chance that both will differ by a high amount.
Hence, the given statement is false.
Answer:
$36,906
Explanation:
The file attached shows a table that explains very well the solution to the problem.
